Carrington Holding Company Appoints Steve Ozonian Chief Real Estate Officer

SANTA ANA, Calif.--(BUSINESS WIRE)--Carrington Holding Company, LLC (Carrington) has appointed real estate industry leader, Steve Ozonian, as its Chief Real Estate Officer. In his new role, Ozonian will serve as a member of Carrington’s executive leadership team and will lead the portfolio of Carrington’s real estate affiliates, including Atlantic & Pacific Real Estate, LLC, Carrington Property Services, LLC, White Van Real Estate Services, L.P., Atlantic & Pacific Escrow, Inc., and Atlantic & Pacific Settlement Services, LLC.

“Carrington has a clear vision to be a dominant leader in the real estate industry, and this position presents a unique opportunity to build on the solid foundation that has been put in place”

“Steve brings an impressive track record of success and a singular focus on the future of the real estate industry,” said Bruce Rose, Founder and Chief Executive Officer, Carrington Holding Company. “We are very pleased to have him lead the growth of this business for Carrington.”

Ozonian adds significant industry experience to Carrington’s real estate portfolio. Previously, Ozonian led the growth and development of several major real estate companies and operations. As a Senior Executive at Chicago Title & Trust, he headed the real estate services segment which acquired and sold thousands of homes a year. As an Executive Vice President with Coldwell Banker, Ozonian helped build the business into a national company by creating a major relocation company and growing it to more than 70,000 sales associates and managing a vast portfolio of REO and corporate homes. With Prudential Real Estate Services, Ozonian, as Chairman and CEO, expanded annual sales volume to more than $200 billion. Ozonian also served as CEO of REALTOR.com, creating the world’s most successful real estate search portal, and served Bank of America as its National Homeownership Executive.

This record of success will enable Ozonian to play a key role in the expansion of Carrington’s real estate, property management, property preservation, and related businesses. Steve’s diverse experience in both traditional and on-line real estate in key leadership positions throughout the homeownership industry makes him one of the most knowledgeable and capable executives to enhance the company’s current capabilities and marks a strategic step forward towards the company’s continued growth and development.

“Carrington has a clear vision to be a dominant leader in the real estate industry, and this position presents a unique opportunity to build on the solid foundation that has been put in place,” said Ozonian. “I know the leadership and the Associates of Carrington and its affiliates are focused and dedicated to delivering quality and creating positive experiences for our retail and institutional clients.”

About Carrington Holding Company

Carrington Holding Company is the parent company for the Carrington Family of Companies, which includes vertically integrated operating businesses that direct every aspect of the life cycle of single family assets. Its core capabilities include investment and fund management, residential mortgage special servicing and origination, property management and maintenance, and real estate sales and settlement services.

With more than three decades of experience and guided by a consistent philosophy, Carrington has built the infrastructure necessary to maximize value during any market cycle. Its affiliate companies include Carrington Capital Management, LLC, Carrington Mortgage Services, LLC, Carrington Property Services, LLC, Atlantic & Pacific Real Estate, LLC, White Van Real Estate Services, L.P., Atlantic & Pacific Escrow, Inc., and Atlantic & Pacific Settlement Services, LLC. Carrington Mortgage Services, LLC is an equal housing opportunity lender.

To learn more about Carrington Holding Company, visit our website at www.carringtonhc.com.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6668402&lang=en